Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.098%
Price spread now: HTX against KuCoin+0.203%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$801as in the Funding arb table
Net, price: spread back to 7d avg − costs−$771as in the Price arb table
costs, in and out, $10k−$7827.823% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 3 days (all we have)−0.217%−$22 · spread now +0.203%, 7d avg +0.094%
=The price spread pays, funding is against you. HTX is 0.109% dearer against KuCoin than usual: you sell high and buy low (spread +0.203% now, against its 7-day average of +0.094%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.191% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1050 | 0.0120 | pay 0.0060% / 4h | 3h 23m | $4.8M | $5.3M | 30x |
| Short | HTX BR-USDT | 1.1072 | 0.0100 | get 0.0050% / 4h | 3h 23m | $84K | $248K | 20x |
KuCoin BRUSDTM
HTX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.2
- Price spread: +0.203% → +0.094%
- $10.9
- Slippage, 4 orders
- −$758.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$775.6
- Costs to cover
- 7.823%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; HTX: live order book, 48 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 4.59 bp | 65.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 48 min ago | 78.55 bp | 385.7 bp −$386 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1054 | +0.043% | — | $6.2M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1034 | −0.142% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1034 | −0.144% | $7.4M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1060 | +0.097% | $259K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1068 | +0.171% | — | $718K | 10x | as long as short |
| HTX BR-USDTshort | +0.0100% | 4h | 1.1072 | +0.203% | $84K | $248K | 20x | |
| KuCoin BRUSDTMlong | +0.0120% | 4h | 1.1050 | long leg | $4.8M | $5.3M | 30x | |
| Bitget BRUSDT | +0.0250% | 4h | 1.1052 | +0.022% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0530% | 4h | 1.1033 | −0.147% | $665K | $2.9M | 5x | as long as short |
| MEXC BR_USDT | +0.1190% | 4h | 1.1057 | +0.063% | $15.2M | $7.4M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1191% | 4h | 1.1051 | +0.013% | $52.8M | $162.4M | 25x | as long as short |
Binance BRUSDT